UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): February 26, 2024

 

First America Resources Corporation

(Name of registrant as specified in its charter)

 

Nevada

 

333-175482

 

27-2563052

(State or other jurisdiction of

incorporation or organization)

 

(SEC File No.)

 

(IRS I.D.)

 

1000 East Armstrong Street

Morris, IL

 

60450

(Address of principal executive offices)

 

(Zip Code)

 

Issuer’s telephone number: 815-941-9888

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Section 5 – Corporate Governance and Management

 

Item 5.06 Change to Shell Company Status

 

On March 28, 2023, First America Resources Corp. (the “Company”) reported that it was not a shell company based on certain corporate actions taken by management including the injection of funds and a proposed property acquisition which is no longer contemplated. On February 26, 2024, the Company decided that the prior reported change was inappropriate and would now report going forward that it is a shell company and accordingly will also file amended quarterly reports and the annual report for the year ended June 30, 2023 to reflect the Company’s shell status. The Company will continue its search for a business combination.

  

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated.

 

 First America Resources Corporation
    
Date: February 26, 2024By:/s/ Jian Li

 

 

Jian Li 
  Chief Executive Officer and Director 

  

 

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